washington has set up already. so we get some sort of clarity, some sort of a plan, that's what the businesses have been asking for but it's not going to change things until late 2013, if not into two 2014. >> i think you're right, they've made their plans. in the environment changes they have all this cash they can make changes and make increment at purchases. at a plant somewhere, hire a worker or two, engage in m&a if they have more confidence in the future. so i think they can turn things around. but they need more confidence and that's a big if. >> bob's going to be with us for the rest of the hour. >> okay, you've got comments, questions about anything you see on "squawk," shoot us an e-mail, you can also follow us on twitter @squawkcnbc is our handle. when we return, the tragedy in newtown parking the gun control controversy in washington. we're going to talk about it, and then later, why hovnanian is betting on boomerang buyers. the company's ceo is here as we get ready for key housing data later this week.